Supported Forms

The following Arkansas forms are supported in Drake Tax 2023. Forms denoted with can be e-signed.

Form	Description	IND	CRP	SCRP	PTR	FID
	Annual Corporation Franchise Tax Report	P	P	P	P	P
	Annual LLC Franchise Tax Report	P	P	P	P	P
AR EST PMT	Estimated Tax Payment Bank Authorization for Direct Debit	P	P	P	P	P
AR EXT PMT	Extension Payment Bank Authorization for Direct Debit	P	P	P	P	P
AR K-1	Owner’s Share of Income, Deductions, Credits, etc.	P	P	P	P	P
AR K-1FE	Owner’s Share of Income, Deductions, Credits, etc.	P	P	P	P	P
AR LLC	Annual LLC Franchise Tax Report	P	P	P	P	P
AR POA	Power of Attorney	P	P	P	P	P
AR TAX PMT	Income Tax Payment Bank Authorization for Direct Debit	P	P	P	P	P
AR1000ADJ	Schedule of Adjustments	P	P	P	P	P
AR1000CE	Teacher’s Qualified Classroom Investment Expense	P	P	P	P	P
AR1000-CO	Check-Off Contributions	P	P	P	P	P
AR1000CR	Income Tax Composite Tax Return	P	P	P	P	P
AR1000CRES	Composite Estimated Tax Payment	P	P	P	P	P
AR1000CRV	Composite Income Tax Return Payment Voucher	P	P	P	P	P
AR1000D	Capital Gains	P	P	P	P	P
AR1000DC	Certificate for Individuals with Disabilities	P	P	P	P	P
AR1000EC	Early Childhood Certification	P	P	P	P	P
AR1000ES	Estimated Tax for Individuals (Declaration)	P	P	P	P	P
AR1000F	Individual Income Tax Return Full-Year Resident	P	P	P	P	P
AR1000MS	Miscellaneous Statement	P	P	P	P	P
AR1000NOL	Individual Income Tax Schedule of Net Operating Loss	P	P	P	P	P
AR1000NR	Individual Income Tax Return Nonresident and Part-Year Resident	P	P	P	P	P
AR1000-OD	Organ Donor Deduction	P	P	P	P	P
AR1000RC5	Certificate for Individuals with Developmental Disabilities	P	P	P	P	P
AR1000TC	Tax Credits	P	P	P	P	P
AR1000TD	Lump-Sum Distribution Averaging	P	P	P	P	P
AR1000V	Individual Income Tax Return Payment Voucher	P	P	P	P	P
AR1002ES	Fiduciary Estimated Tax Payment	P	P	P	P	P
AR1002F	Fiduciary Income Tax Return	P	P	P	P	P
AR1002NR	Fiduciary Nonresident Income Tax Return	P	P	P	P	P
AR1002-TC	Tax Credits	P	P	P	P	P
AR1002V	Fiduciary Tax Return Payment Voucher	P	P	P	P	P
AR1050	Partnership Income Tax Return	P	P	P	P	P
AR1055-CR	Request for Extension of Time for Filing Composite Tax Returns	P	P	P	P	P
AR1055-FE	Request for Extension of Time for Filing Fiduciary Tax Returns	P	P	P	P	P
AR1055-IT	Request for Extension of Time for Filing Individual Tax Returns	P	P	P	P	P
AR1055-PE	Request for Extension of Time for Filing Partnership Tax Returns	P	P	P	P	P
AR1075	Deduction for Tuition Paid to Post-Secondary Educational Institutions	P	P	P	P	P
AR1099PT	Report of Income Tax Withheld or Paid on Behalf of Nonresident Member	P	P	P	P	P
AR1100BIC	Schedule of Business Incentive Tax Credits	P	P	P	P	P
AR1100-CO	Schedule of Check-Off Contributions	P	P	P	P	P
AR1100CT	Corporation Income Tax Return	P	P	P	P	P
AR1100CTV	Corporation Income Tax Return Payment Voucher	P	P	P	P	P
AR1100ESCT	Estimated/Extension Corporation Income Tax Payment	P	P	P	P	P
AR1100ESPET	Pass-Through Estimated Tax Payment	P	P	P	P	P
AR1100NOL	Schedule of Net Operating Loss	P	P	P	P	P
AR1100PET	Pass-Through Entity Tax Return	P	P	P	P	P
AR1100PTV	Pass-Through Entity Tax Return Payment Voucher	P	P	P	P	P
AR1100REC	Corporation Income Tax Reconciliation Schedule	P	P	P	P	P
AR1100S	S Corporation Income Tax Return	P	P	P	P	P
AR1100-WH	Withholding Summary	P	P	P	P	P
AR1113	Phenylketonuria Disorder and Other Metabolic Disorders Credit	P	P	P	P	P
AR1155	Request for Extension of Time for Filing Income Tax Returns	P	P	P	P	P
AR1155-PET	Pass-Through Entity Tax Request for Arkansas Extension of Time for Filing Income Tax Returns	P	P	P	P	P
AR2106	Employee Business Expenses	P	P	P	P	P
AR2210	Penalty for Underpayment of Estimated Tax	P	P	P	P	P
AR2210A	Annualized Penalty for Underpayment of Estimated Income Tax	P	P	P	P	P
AR2220	Underpayment of Estimated Tax by Corporations	P	P	P	P	P
AR2220A	Annualized Income for Underpayment of Estimated Tax by Corporations	P	P	P	P	P
AR2220A-PET	Annualized Income for Underpayment of Estimated Tax by Pass-Through Entity Tax	P	P	P	P	P
AR2220-PET	Underpayment of Estimated Tax by Pass-Through Entity Tax	P	P	P	P	P
AR2441	Child and Dependent Care Expenses	P	P	P	P	P
AR3	Itemized Deductions	P	P	P	P	P
AR362	Pass-Through Entity Income Tax Election or Revocation Form	P	P	P	P	P
AR3903	Moving Expenses	P	P	P	P	P
AR4	Interest and Dividends	P	P	P	P	P
AR4562	Depreciation and Amortization	P	P	P	P	P
AR4684	Casualties and Thefts	P	P	P	P	P
AR4-FID	Interest and Dividends	P	P	P	P	P
AR4PT	Nonresident Member Withholding Exemption Affidavit	P	P	P	P	P
AR4PT-A	Transmittal of Nonresident Member Withholding Exemption Affidavit	P	P	P	P	P
AR8453	Individual Income Tax Declaration for Electronic Filing	P	P	P	P	P
AR8453-C	Corporation Income Tax Declaration for Electronic Filing	P	P	P	P	P
AR8453-CR	Composite Tax Return Declaration for Electronic Filing	P	P	P	P	P
AR8453-FE	Fiduciary Income Tax Declaration for Electronic Filing	P	P	P	P	P
AR8453-OL	Individual Income Tax Declaration for Electronic Filing	P	P	P	P	P
AR8453-PE	Partnership Return Declaration for Electronic Filing	P	P	P	P	P
AR8453-PET	Pass-Through Entity Tax Declaration for Electronic Filing	P	P	P	P	P
AR8453-S	S Corporation Income Tax Declaration for Electronic Filing	P	P	P	P	P
AR8944	Preparer e-File Hardship Request	P	P	P	P	P
AR-MS	Tax Exemption Certificate for Military Spouse	P	P	P	P	P
AR-OI	Other Income/Loss and Depreciation Differences	P	P	P	P	P
ARSEWS	Self-Employed Health Insurance Deduction Schedule	P	P	P	P	P
ARSLWS	Student Loan Interest Schedule	P	P	P	P	P

Modified Forms

• Form AR1000CO, Check-Off Contributions – Added “$20” check box for lines 2, 3, 5, and 6

• Form AR1000-DD, Certificate for Individuals with Developmental Disabilities – Replaced Form AR1000RC5; credits calculated on this form now flow to Form AR1000TC, Tax Credits.

• Form AR1000F, Individual Income Tax Return Full Year Resident – Edited line 7C; the Individuals with Developmental Disabilities Credit (formerly reported on Form AR1000RC5) is now reported on Form AR1000TC, Tax Credits.

• Form AR1000NR, Individual Income Tax Return Nonresident and Part Year Resident

  • Edited line 7C – The Individuals with Developmental Disabilities Credit (formerly reported on Form AR1000RC5) is now reported on Form AR1000-DD, Certificate for Individuals with Developmental Disabilities, and flows to Form AR1000TC, Tax Credits.

  • Added primary taxpayer and spouse check boxes for remote workers and military spouses

• Form AR1000TC, Tax Credits

  • Added line 8 – This line reports information regarding the Individuals with Developmental Disabilities Credit (Form AR1000-DD).

  • Updated line 9 credits:

    • 0053, Delta Music Trail – Removed

    • 0059, Waterways Investments – Added

    • 0060, Natural State Initiative (NSI) Tourism Development – Added

• Forms AR1002F and AR1002NR, Arkansas Fiduciary (Nonresident) Income Tax Return – Updated standard deduction to $2,340

• Form AR1050, Partnership Income Tax Return – Changed the following Part II items:

  • Line 14 – Broke out into lines 14A – 14C

  • Line 15 – Added

  • Line 16 – Added

• Form AR1075, Deduction for Tuition Paid to Post-Secondary Educational Institutions – Updated the following qualifying “50% of Weighted Average Tuition” amounts:

  • Two-year colleges – $2,272

  • Four-year colleges – $4,712

  • Technical institutes – $780

• Form AR1100REC, Corporation Income Tax or Pass-Through Entity Tax Reconciliation Schedule – Added Part D, Capital Gains or Losses (PET Only)

• Form AR2106, Employee Business Expenses – Updated line 18 mileage rate to 62.5 cents

• Form AR4-FID, Interest and Dividends – Added Part III, Income Not Subject to Arkansas Tax

• Form AR K-1, Owner’s Share of Income, Deductions, Credits, etc. – Changed the following lines:

  • Lines 14a and 14b – Changed to “Contributions”

  • Lines 17a and 17b – Changed to “Tax-exempt income and nondeductible expenses”

  • Lines 18a and 18b – Changed to “Distributions”

  • Lines 19a and 19b – Changed to “Investments and other items”

• Schedule A, Apportionment of Income (Multistate) (business returns) – Added lines to Part D, Capital Gains

Program Updates

• AR Screen 1 (Resident & NR Page 1) (individual package) – Added the following check boxes for Form AR1000NR, Individual Income Tax Return Nonresident and Part Year Resident:

  • Remote Worker

  • Military Spouse

  • Military Home of Record

• AR Screen 4 (AR4 Part III – Income Not Subject to Tax) (fiduciary package) – Added screen for Part III of Form AR4-FID, Interest and Dividends

Tax Law Changes

• Remote Work (Act 1019 of the General Session of 2021) – A nonresident AR taxpayer who is paid a salary, lump sum payment, or any other form of payment for work inside and outside of Arkansas is only taxed on the amount of income earned while the taxpayer was physically located in Arkansas. For remote workers who perform all duties from outside Arkansas, no income is taxed. If duties are performed both inside and outside of Arkansas, only the portion that reasonably can be allocated to work performed in Arkansas is taxable.

• Credit for Developmentally Disabled Dependents (Act 191 of the General Session of 2023) – The expiration date of the certification form has been removed; the certification is now good for the life of the developmentally disabled individual and follows the developmentally disabled individual instead of the taxpayer, allowing it to be transferred from one caretaker to another without recertification. The certification form has been renamed AR1000-DD (formerly AR1000RC5).

• Act 532 of 2023 (Amends Arkansas Code Annotated 26-51-205 (Corporations)) – The maximum corporation income tax rate has been reduced to 5.1% for all taxable income exceeding $25,000 for tax years beginning on or after January 1, 2023. The maximum income tax rate for corporations remains 5.9% for all taxable income exceeding $25,000 for tax years beginning on or after January 1, 2022, and beginning before January 1, 2023.